I would imagine that the hotel marks up their rates to use airbnb a little to offset their service fees, so the net is pretty close to what you would expect.

There have definitely more delays for our build than expected, but I am just curious if you have experienced similar delays with Delta?

It even helps with finding contractors as you can show them what quality you expect and they in turn can show you what they can do.Will it help you sell more or get more money? 

We've found that expecting the resident to pay for these is customary, expected and actually increases the likelihood that a resident completes their lease.

I would like to think in a way that investment in general, and the real estate investment, start with a solid economic reason - "Why do you Invest, where you invested".To elaborate on below - Vegas is a great example where no real economic driver exists and when you invest there, you should be aware that is a highly volatile market (side note: i both 2 properties there in 2011 and 2012 and i sold both this year) and you should pay an extra attention and be prepare to reposition capital.It's clear, if you invest in Vegas or Orlando (just 2x entertainment cities) you will expect ups and downs and you need to position yourself with extra reserves and extra caution if you are planning to stay in these market for long term. 

The full 5 year proforma is free to give you a good look at what to expect on the deal.

Perhaps do a case study with a hypothetical deal you think is typical for what you are looking at and compare it to the alternative investments you might use and their expected returns.

You can expect to pay for either.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

Just make sure you mention it in your listing description so expectations are met if they do need to access it!